sheshaa sheshaa
  • 01-12-2021
  • Social Studies
contestada

What is meant by consumer's equillibrium and how it is related to the demand of a product?

Respuesta :

myk68012
myk68012 myk68012
  • 11-12-2021

Answer:

Consumer equilibrium refers to a scenario in which a consumer derives maximum happiness from the consumption of one (or more) things with his current income and price, and has no desire to change.

Explanation:

Answer Link

Otras preguntas

When was William Shakespeare born
How many minutes are in 36 hours?
What is a direct combination reaction?
A pound of seedless red grapes costs $2.75. Drew must spend less than $9.35 on a bunch of seedless red grapes.Inequality:Solution:Interpretation:
two identical freight cars roll without friction towards each other on a level track. one car rolls 2 m/s the other 1 m/s. after the cars collide they couple an
Why is RNA necessary to act as messenger?
Nadine can send or receive a text message for 15 cents or get an unlimited number for 5 dollars. Write and solve an inequality to find how many messages she can
Why is RNA necessary to act as messenger?
is it possible for a distance versus-time graph to be a vertical line?
Rewrite the function c(x) =9(x+3) using the distributive property